{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{6}{c}}
\toprule
                &\multicolumn{1}{c}{\shortstack{Posterior:\\Recession\\(percent)}}&\multicolumn{1}{c}{\shortstack{National\\unemployment\\(percent)}}&\multicolumn{1}{c}{\shortstack{County\\unemployment\\(percent)}}&\multicolumn{1}{c}{\shortstack{Firm\\profits\\(categorical)}}&\multicolumn{1}{c}{\shortstack{Household\\financial\\prospects}}&\multicolumn{1}{c}{\shortstack{Personal\\unemployment\\(percent)}}\\\cmidrule(lr){2-2}\cmidrule(lr){3-3}\cmidrule(lr){4-4}\cmidrule(lr){5-5}\cmidrule(lr){6-6}\cmidrule(lr){7-7}
                &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}&\multicolumn{1}{c}{(6)}\\
\midrule
                &         &         &         &         &         &         \\
{\bf Panel A: Main complete sample}&         &         &         &         &         &         \\
                &         &         &         &         &         &         \\
Recession: High &10.203\sym{***}&9.128\sym{***}&5.467\sym{***}&-0.133\sym{**}&-0.127\sym{**}&1.150\sym{*}\\
                &  (1.169)&  (1.390)&  (1.344)&  (0.056)&  (0.058)&  (0.685)\\
                &         &         &         &         &         &         \\
Observations    &     1124&     1124&     1124&     1124&     1124&     1123\\
                &         &         &         &         &         &         \\
\hline          &         &         &         &         &         &         \\
{\bf Panel B: Main follow-up sample}&         &         &         &         &         &         \\
                &         &         &         &         &         &         \\
Recession: High &10.861\sym{***}&9.843\sym{***}&6.670\sym{***}&-0.202\sym{***}&   -0.116&1.465\sym{*}\\
                &  (1.429)&  (1.670)&  (1.661)&  (0.069)&  (0.071)&  (0.883)\\
                &         &         &         &         &         &         \\
Observations    &      737&      737&      737&      737&      737&      736\\
                &         &         &         &         &         &         \\
\hline          &         &         &         &         &         &         \\
{\bf Panel C: Follow-up}&         &         &         &         &         &         \\
                &         &         &         &         &         &         \\
Recession: High &3.992\sym{***}&5.109\sym{***}&    2.699&-0.197\sym{***}&   -0.062&    0.948\\
                &  (1.540)&  (1.835)&  (1.723)&  (0.069)&  (0.071)&  (1.036)\\
                &         &         &         &         &         &         \\
Observations    &      737&      737&      737&      737&      737&      736\\
\bottomrule
\end{tabular}
}
